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i have first energy. publicly traded utility operating in six states with 20 coal-fired electric plants. what is happening with the business? why have they withdrawn? get the real story from mark clark of first energy. thank you for joining us. born and raised in northeastern ohio and working at first energy utility business is not an easy one. >> not today. liz: today why? >> low gas prices and a tough economy. industrial sales are back to where they were in 2007 but that five years. residential little off but that is more weather-related. we have a lot of growth. the are no industry doing well. we have toledo with a chrysler investment and cleveland has the ford engine plant and then you have huge growth in terms of the health-care industry. the cleveland clinic doesn't add one building. they seem to add an additional block to their portfolio. with low gas prices that does affect what we do because a good portion of our business is selling power. liz: coal-fired plants. can you convert some of them? are
i have first energy. publicly traded utility operating in six states with 20 coal-fired electric plants. what is happening with the business? why have they withdrawn? get the real story from mark clark of first energy. thank you for joining us. born and raised in northeastern ohio and working at first energy utility business is not an easy one. >> not today. liz: today why? >> low gas prices and a tough economy. industrial sales are back to where they were in 2007 but that five...
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the third area, energy. energy is critical. and the president pointed out correctly that production of oil and gas in the u.s. is up. but not due to his policies. in spite of his policies. mr. president, all of the increase in natural gas and oil has happened on private land, not on government land. on government land your administration has cut the number of permits and licenses in half. if i'm president, i'll double them. and also get the oil from offshore in alaska. and i'll bring that pipeline in from canada. and by the way, i like coal. i'm going to make sure we can continue to burn clean coal. people in the coal industry feel like it's getting crushed by your policies. i want to get america and north america energy independent so we can create those jobs. and finally, with regards to that tax cut, look, i'm not looking to cut massive taxes and to reduce the revenues going to the government. my number one principle is there will be no tax cut that adds to the deficit. i'll underline that. no tax cut that adds to the defici
the third area, energy. energy is critical. and the president pointed out correctly that production of oil and gas in the u.s. is up. but not due to his policies. in spite of his policies. mr. president, all of the increase in natural gas and oil has happened on private land, not on government land. on government land your administration has cut the number of permits and licenses in half. if i'm president, i'll double them. and also get the oil from offshore in alaska. and i'll bring that...
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my plan has five basic parts one, get us energy independent, north america energy independent. that creates about four million jobs. open up more trade, particularly in the lain america, crack down on china, if and when they cheat. number three, make sure our people have the skills they need to succeed, and the best schools in the world. we're far away from that now. number 4, get us to a balanced budget. number five, champion small business. it's small business that creates the jobs in america, and over the last four years, small business people have decided that america may not be the place to open a new business because new business start-ups are down to a 30-year low. i know what it takes to get small business growing again, to hire people. now, i'm concerned that the path we're on has just been unsuccessful. the president has a view very similar to the view he had when he ran four years ago, that a bigger government, spending more, taxing more, regulating more, if you will, trickle-down government would work. that's not the right answer for america. i'll restore the vitali
my plan has five basic parts one, get us energy independent, north america energy independent. that creates about four million jobs. open up more trade, particularly in the lain america, crack down on china, if and when they cheat. number three, make sure our people have the skills they need to succeed, and the best schools in the world. we're far away from that now. number 4, get us to a balanced budget. number five, champion small business. it's small business that creates the jobs in...
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one, get us energy independent. north america energy independent. that creates about 4 million jobs. number two, open up more trade, particularly in latin america. crack down on china if and when they cheat. number three, make sure our people have the skills they need to succeed and the best schools in the world. we're far away from that now. number four, get us to a balanced budget. number five, champion small business. >> well, there you go in terms of mitt romney coming out with five points in terms of an economic plan. do you think this is resonating with folks out there? the issues that are important in terms of dictating their vote, the economy. >> no question. the economy for so many families in america have been very disappointing. many people are still looking for jobs. much of this is structural unemployment, as we've created more efficiencies in our factories, which means fewer jobs. so we have -- you know, we're still struggling with an 8-plus percent unemployment rate. that has to be part of the debate as to how -- what direction we go
one, get us energy independent. north america energy independent. that creates about 4 million jobs. number two, open up more trade, particularly in latin america. crack down on china if and when they cheat. number three, make sure our people have the skills they need to succeed and the best schools in the world. we're far away from that now. number four, get us to a balanced budget. number five, champion small business. >> well, there you go in terms of mitt romney coming out with five...
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Oct 4, 2012
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in one year, you provided $90 billion in breaks to the green energy world. i like green energy. that is about 50 years' worth of what oil and gas. receives. this $2.8 billion goes to smaller companies. if we get that tax rate down to 2%, that money is on the table. do not forget -- you put $90 billion into solar and wind solyndra and tesla. as my friend would say -- you know how to pick the losers. this is not the kind of policy you want to have to get american energy secure. you said you get a deduction for taking plant overseas. i have been in business for 25 years. i have no idea what you are talking about. the idea you get a break for shipping jobs overseas is not the case. i would like to take the medicaid dollars to go to state and tell them they will get what they got last year plus inflation plus 1%. you will manage to care for the poor in the way you think best. as a governor, when this idea was floated by tommy thompson, the governors said, "please, let us do that. we can care for our own poor in more effective ways than having the federal government tell us how to car
in one year, you provided $90 billion in breaks to the green energy world. i like green energy. that is about 50 years' worth of what oil and gas. receives. this $2.8 billion goes to smaller companies. if we get that tax rate down to 2%, that money is on the table. do not forget -- you put $90 billion into solar and wind solyndra and tesla. as my friend would say -- you know how to pick the losers. this is not the kind of policy you want to have to get american energy secure. you said you get a...
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energy is being produced to power our lives. while energy development comes with some risk, north america's natural gas producers are committed to safely and responsibly providing generations of cleaner-burning energy for our country, drilling thousands of feet below fresh water sources within self-contained well systems. and, using state-of-the-art monitoring technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment. we're america's natural gas. >>> we're shining a spotlight on the top ten cnn heroes of 2012 as you vote for the one who inspired you the most. this year's honoreree is bringing those out of the shadows. children who are caring for loved ones. connie helps them stay in school and hold on to their childhood. >> here let me help you. >> my mom has been sick for as long as i conscience. we need more methadone. helping her out is a bigger priority than going school because i don't know what i would do if something happened her. i wouldn't be able to live. >>
energy is being produced to power our lives. while energy development comes with some risk, north america's natural gas producers are committed to safely and responsibly providing generations of cleaner-burning energy for our country, drilling thousands of feet below fresh water sources within self-contained well systems. and, using state-of-the-art monitoring technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment. we're america's...
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. >> energies love heavy. i think we are going lower. we got below $90 good we could not get back above. that is bearish for crude oil. down i think we go. overall, though, the economy is slowing down. supplies increasing in crude oil. down it goes. i think we see $86 crude oil. liz: if the weather here in cleveland is any indication of what will happen in new york, connecticut and new jersey, it is getting a little bit colder here. watch out. the dollar versus the euro. $1.30. what happened to our dollar? >> good afternoon. the dollar -- the trade was so crowded. everyone was trying to short the euro. we have a little bit of a rally. i think the dollar will show some strength you're coming in the next couple of weeks. i think the euro will come down much lower. 125-120 before the end of the year. i think the dollar will gain a lot more strength. liz: what happened sunday with the market? >> we are starting earnings season. i think the market will continue to turn. i think we are stuck between 1450 and 1475. i do think you will see somet
. >> energies love heavy. i think we are going lower. we got below $90 good we could not get back above. that is bearish for crude oil. down i think we go. overall, though, the economy is slowing down. supplies increasing in crude oil. down it goes. i think we see $86 crude oil. liz: if the weather here in cleveland is any indication of what will happen in new york, connecticut and new jersey, it is getting a little bit colder here. watch out. the dollar versus the euro. $1.30. what...
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Oct 4, 2012
10/12
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CSPAN
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the third area, energy. energy is critical, and the president pointed out correctly that production of oil and gas in the u.s. is up. but not due to his policies, in spite of his policies. mr. president, all of the increase in natural gas and oil has happened on private land, not in government land. on government land your administration has cut the number of permits and licenses in half. if i'm president, i'll double them. i'll also get the oil from off shore and alaska, and i'll bring that pipeline in from canada. and also coal. people in the coal industry feel like it is being crushed by your policies. i want to get america and north america energy independent so we can create those jobs. finally, with regard to that tax cut, look, i'm not willing to cut massive taxes and reduce the revenues going to the government. my number one principle is there will be no tax cut that adds to the government. i want to underline that. no tax cut that adds to the deficit. i want to reduce the burden being paid by middle
the third area, energy. energy is critical, and the president pointed out correctly that production of oil and gas in the u.s. is up. but not due to his policies, in spite of his policies. mr. president, all of the increase in natural gas and oil has happened on private land, not in government land. on government land your administration has cut the number of permits and licenses in half. if i'm president, i'll double them. i'll also get the oil from off shore and alaska, and i'll bring that...
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Oct 4, 2012
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it is important to develop new sources of energy here in america. it will be up to the voters what path we should take. will we double down on the top- down economic policies that helped get us into this mess or embrace a new economic patriotism that says america does best when the middle class does best? i look forward to having that debate. >> it is in honor to be here with you. i appreciate the chance to be with the president. congratulations to you, mr. president, on your anniversary. i am sure this is the most romantic place you could imagine, here with me. congratulations. this is a tender topic. i have met people across the country. i was in dayton, ohio, and a woman said, "i have been out of work since may. can you help me?" yesterday was a rally in denver. a woman with a baby said, "my husband has had four jobs in three years -- part-time jobs. he lost his recent job." we lost our home. can you help us?" yes, we can. it will take a different path, not the one we have been on. not the one the president describes as a top-down tax cut for the
it is important to develop new sources of energy here in america. it will be up to the voters what path we should take. will we double down on the top- down economic policies that helped get us into this mess or embrace a new economic patriotism that says america does best when the middle class does best? i look forward to having that debate. >> it is in honor to be here with you. i appreciate the chance to be with the president. congratulations to you, mr. president, on your anniversary....
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. ♪ energy is being produced to power our lives. while energy development comes with some risk, north america's natural gas producers are committed to safely and responsibly providing generations of cleaner-burning energy for our country, drilling thousands of feet below fresh water sources within self-contained well systems. and, using state-of-the-art monitoring technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment. we're america's natural gas. you see us, at the start of the day. on the company phone list that's a few names longer. you see us bank on busier highways. on once empty fields. everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. ♪ >> welcome back. we are taking a look at your top commodity movers. looking at rbob gasoline. reversing yesterday the big
. ♪ energy is being produced to power our lives. while energy development comes with some risk, north america's natural gas producers are committed to safely and responsibly providing generations of cleaner-burning energy for our country, drilling thousands of feet below fresh water sources within self-contained well systems. and, using state-of-the-art monitoring technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment. we're...
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Oct 4, 2012
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in one year, you provided and $90 billion in breaks to the free energy world. i like green energy. that is about 50 years' worth of what oil and gas receives. this $2.8 billion goes to smaller companies. if we get that tax rate down to 25 per cent, that money is on the table. do not forget -- you put $90 billion into solar and wind solyndra and tesla. you pick the losers. this is not the kind of policy you want to have to get american energy secure. you said you get a deduction for taking a planned overseas. i have been in business for 25 years. i have no idea what you are talking about. the idea you get a break for shipping jobs over the seas is not the case. medicare -- medicaid to states -- i would like to take the medicaid dollars to go to state and tell them they will get what they got last year plus inflation plus 1%. you were manager care for the poor in the way you think best. as a governor when this idea was floated by tommy thompson, the governors said, please, let us do that. we can care for our own for and more effective a way than having the federal government tell us
in one year, you provided and $90 billion in breaks to the free energy world. i like green energy. that is about 50 years' worth of what oil and gas receives. this $2.8 billion goes to smaller companies. if we get that tax rate down to 25 per cent, that money is on the table. do not forget -- you put $90 billion into solar and wind solyndra and tesla. you pick the losers. this is not the kind of policy you want to have to get american energy secure. you said you get a deduction for taking a...
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Oct 4, 2012
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"mad money" will be right back. >> coming up -- >> energy. >> energy. >> energy. >> questions about how our country will fuel its future took center stage last night. but how could you cash in on the push for energy independence? cramer is looking for profits in the pipeline when he talks with the ceo of enbridge next. and later, crossfire. there's a shootout on the street over the future of one big name in defense. cramer's going in the trenches and forming a battle plan. stick around. this could be your portfolio's new secret weapon. plus, on "good behavior." cramer's sell block can be an unforgiving place. but after doing time, stocks can emerge reformed. tonight, one tech security play paid its debt to society. but is it now a buy? the verdict is just ahead. all coming up on "mad money." i don't spend money on gasoline. i am probably going to the gas station about once a month. last time i was at a gas station was about...i would say... two months ago. i very rarely put gas in my chevy volt. i go to the gas station such a small amount that i forget how to put gas in my car. [ male a
"mad money" will be right back. >> coming up -- >> energy. >> energy. >> energy. >> questions about how our country will fuel its future took center stage last night. but how could you cash in on the push for energy independence? cramer is looking for profits in the pipeline when he talks with the ceo of enbridge next. and later, crossfire. there's a shootout on the street over the future of one big name in defense. cramer's going in the trenches and...
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we own another company called maxim energy. we sell diesel to drilling rigs and fracking rigs. that will be a big place of business for us here. liz: i'm looking over your right shoulder at the stadium. back in the day i was at cleveland stadium where they had holes in the window -- i mean right over there is lake erie so it is freezing during the winter. i can remember a denver game where i think my fingers froze around the coca-cola cup. will you put a dome on this stadium? is that a consideration you have thought about? >> we've said we're going to bring stadium architects in. this stadium is 15 years old, needs some work. we will look at any and all options to make the stadium more friendly to the fans. liz: i don't think it's that old though. >> in 15 years if you think where this stadium sits and the weather it is exposed to, it is outdoor stadium, the wear and tear these stadiums take, you have to stay up to speed and stay modern. there's been a lot of stadiums built since then. liz: the ref lockout, it's now over. sadly cleveland couldn't win even with the replacement r
we own another company called maxim energy. we sell diesel to drilling rigs and fracking rigs. that will be a big place of business for us here. liz: i'm looking over your right shoulder at the stadium. back in the day i was at cleveland stadium where they had holes in the window -- i mean right over there is lake erie so it is freezing during the winter. i can remember a denver game where i think my fingers froze around the coca-cola cup. will you put a dome on this stadium? is that a...
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Oct 7, 2012
10/12
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in one year, you provided $90 billion in breaks to the green energy world. i like green energy. that is about 50 years' worth of what oil and gas. this $2.8 billion goes to smaller companies. if we get that tax rate down to 2%, that money is on the table. do not forget -- you put $90 billion into solar and wind solyndra and tesla. as my friend would say -- you know how to pick the losers. this is not the kind of policy you want to have to get american energy secure. you said you get a deduction for taking plant overseas. i have been in business for 25 years. i have no idea what you are talking about. the idea you get a break for shipping jobs overseas is not the case. i would like to take the medicaid dollars to go to state and tell them they will get what they got last year plus inflation plus 1%. you will manage to care for the poor in the way you think best. as a governor, when this idea was floated by tommy thompson, the governors said, "please, let us do that. we can care for our own poor in more effective ways than having the federal government tell us how to care for our
in one year, you provided $90 billion in breaks to the green energy world. i like green energy. that is about 50 years' worth of what oil and gas. this $2.8 billion goes to smaller companies. if we get that tax rate down to 2%, that money is on the table. do not forget -- you put $90 billion into solar and wind solyndra and tesla. as my friend would say -- you know how to pick the losers. this is not the kind of policy you want to have to get american energy secure. you said you get a deduction...
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Oct 4, 2012
10/12
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WBFF
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the third area, energy. energy is critical, and production of oil and gas in the u.s. is up, but not due to his policies, in spite of his policies. mr. president, all the increase in natural gas and oil has happened on private land, not on government land. on government land, your administration has cut the number of permits and licenses in half. i am president, i will double them, and also get the oil from offshore and alaska, and i will bring that pipeline in from canada. by the way, i like coal. people in the coal industry feel it is getting crushed by its -- by your policy. i want to get north america at energy independence so we can create those jobs. finally, with regards to that tax cut, i am not looking to cut massive tax and reduce the revenues going to the government. my number one principle is there'll be no tax cut that adds to the deficit. no tax cut that adds to the deficit. i do want to reduce the burden being paid by middle income americans. that also means i cannot reduce the burden paid by high-income americans. any language to the contrary is simply
the third area, energy. energy is critical, and production of oil and gas in the u.s. is up, but not due to his policies, in spite of his policies. mr. president, all the increase in natural gas and oil has happened on private land, not on government land. on government land, your administration has cut the number of permits and licenses in half. i am president, i will double them, and also get the oil from offshore and alaska, and i will bring that pipeline in from canada. by the way, i like...
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Oct 9, 2012
10/12
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energy majors rallied on higher commodity prices. zte shares slipped again after the report of security concerns. more on that with our guest coming up. and cisco has ended its partnership with zte over its dealings with iran. in the meantime the nikkei yuchd min undermined investor sentiment. automakers lost ground after sales slumped more than 40%. gains in consumers and health cares were countered by losses in steel makers and chemicals. in australia, miners september to a hike. and sensex now higher by 0.3%. back to you. >> the british chancellor george osbourne's proposed a controversial new scheme in which workers can surrender employment rights in returns for shares of the company they work it for. if the workers take the share, they will be barred from suing for unfair dismissal. >> what would you do, would you take the shares and give uncertain employee protections and rights, or not? maybe this is our continental difference. i would take the shares. >> well, there's a number of factors into play. is the company stock going
energy majors rallied on higher commodity prices. zte shares slipped again after the report of security concerns. more on that with our guest coming up. and cisco has ended its partnership with zte over its dealings with iran. in the meantime the nikkei yuchd min undermined investor sentiment. automakers lost ground after sales slumped more than 40%. gains in consumers and health cares were countered by losses in steel makers and chemicals. in australia, miners september to a hike. and sensex...
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now, i like green energy as well. but that's about 50 years' worth of what oil and gas receives, and you say exxonmobil, this goes largely to drilling operators and so forth. if we get the tax rate from 35% to 25%, that $2.8 billion is on the table. of course it's on the table. probably won't survive if you get the rate to 25%. don't forget, you put $9 0 billion, like 50 years worth of breaks to solar and win to solyndra, fiskar and t northwestetendrel. you don't just pick winners and losers, you pick the losers. and the idea that you get a break for shipping jobs overseas is simply not the case. what we have right now, i would like to bring money from overseas back to this country. and medicaid to states, i'm not sure where this came in. except this. i would like to take medicaid dollars to go to states and say you will get what you got last year, plus inflation, plus 1%, and then you will manage your care for your poor in the way you think best. and i remember as a governor when this idea was floated by tommy thomps
now, i like green energy as well. but that's about 50 years' worth of what oil and gas receives, and you say exxonmobil, this goes largely to drilling operators and so forth. if we get the tax rate from 35% to 25%, that $2.8 billion is on the table. of course it's on the table. probably won't survive if you get the rate to 25%. don't forget, you put $9 0 billion, like 50 years worth of breaks to solar and win to solyndra, fiskar and t northwestetendrel. you don't just pick winners and losers,...
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the company pre built energy-efficient structures. we will talk to the ceo of project fraud about how she is building her way to the top and why she thinks her company could be the next apple. stuart: netflix is the power mover of the hour with shares jumping 9%. let's look at this charge up to $61.69, $5 for the day. citigroup reiterating its buy rating on this company noting this is the first time since last summer that customer satisfaction has started to improve. netflix struggles since hiking prices and trying to split its dvd service but looking good up now 9%. nice move for netflix. with a look at what else is moving markets let's go to nicole petallides at the stock exchange and sandra smith at the cme. let's start with a market that is lost steam and is struggling to stay above the water mark. >> the dow is up one point. energy is a group that we follow closely. oil is below $90 a barrel at $87.86. the energy sector and stocks with and are the worst performing sector. you can see some names to the downside. i am talking with
the company pre built energy-efficient structures. we will talk to the ceo of project fraud about how she is building her way to the top and why she thinks her company could be the next apple. stuart: netflix is the power mover of the hour with shares jumping 9%. let's look at this charge up to $61.69, $5 for the day. citigroup reiterating its buy rating on this company noting this is the first time since last summer that customer satisfaction has started to improve. netflix struggles since...
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Oct 4, 2012
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the third area energy. energy is critical. and the president pointed out correctly, that production of oil and gas in the u.s. is up, but not due to his policies. in spite of his policies. all of the increase in natural gas and oil has hand on private land not government langd. your administration has cut the number of permits and licenses in half on government land. if i'm president i'll double them. and bring the pipeline in from canada. and i'm going to make sure we can continue to burn coal. i want to get america and north america energy independent so we can create those jobs and finally with regards to the tax cut, look i'm not looking to cut massive taxes and reduce the revenues going to the government. my number one principal is there will be no tax cut that adds to the deficit. no tax cut that adds to the deficit. but i do want to reduce the burden being paid by middle income americans, and to do that, that also means i cannot reduce the burden paid by high-income americans. any language to the contrary is simply not
the third area energy. energy is critical. and the president pointed out correctly, that production of oil and gas in the u.s. is up, but not due to his policies. in spite of his policies. all of the increase in natural gas and oil has hand on private land not government langd. your administration has cut the number of permits and licenses in half on government land. if i'm president i'll double them. and bring the pipeline in from canada. and i'm going to make sure we can continue to burn...
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Oct 6, 2012
10/12
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you've missed key votes on tax policy, energy, medicare reform, your hometown newspaper has taken to calling you senator gone. you've got one of the worst attendance records in the united states senate. now, in my capacity as vice president, i am the president of the senate, the presiding officer. i'm up in the senate most tuesdays when they're in session. the first time i ever met you was when you walked on the stage tonight. with respect to israel and palestine, gwen, the suicide bombers in part were generated by saddam hussein, who paid $25,000 to the families of suicide bombers. i personally think one of the reasons that we don't have as many suicide attacks today in israel as we had in the past is because saddam's no longer in business. we've been strong supporters of israel. if president stepped forward and put in place a policy basically that said we will support the establishment of two states. the first president ever to say establish and support a palestinian state next door to israelis. but first, there has to be an interlocking agreement you can trust and deal with. we do
you've missed key votes on tax policy, energy, medicare reform, your hometown newspaper has taken to calling you senator gone. you've got one of the worst attendance records in the united states senate. now, in my capacity as vice president, i am the president of the senate, the presiding officer. i'm up in the senate most tuesdays when they're in session. the first time i ever met you was when you walked on the stage tonight. with respect to israel and palestine, gwen, the suicide bombers in...
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Oct 7, 2012
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look, i am all in favor of green energy. $90 billion. that would have hired 2 million teachers. $90 billion. and these businesses, many of them have gone out of business. half of the ones that have been invested in, have gone out of business. a number of them are owned by contributors to your campaigns. look, the right course for america's government -- we are talking about the role of government -- is not to become the economic player, picking winners and losers, telling people what kind of health treatment they can receive, tationing over the health care system that has existed in this country for a long, long time and has produced the best health records in the world. the right answer is to say, how do we make the private sector more efficient and effective? how do we get schools to be more effective? let's grade them so parents know which schools are succeeding and failing so they can take a child to a school that's more successful. i don't want to cut our education commitment. i want to make it more eventive and efficient. by the wa
look, i am all in favor of green energy. $90 billion. that would have hired 2 million teachers. $90 billion. and these businesses, many of them have gone out of business. half of the ones that have been invested in, have gone out of business. a number of them are owned by contributors to your campaigns. look, the right course for america's government -- we are talking about the role of government -- is not to become the economic player, picking winners and losers, telling people what kind of...
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Oct 4, 2012
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the third area, energy. energy is critical. and the president pointed out correctly that production of oil and gases in the u.s. is up. but not due to his policies. in spite of his policies. mr. president, all of the inies in -- the increase in natural gas and oil is on private land, not government land. on government land, your administration has cut the number of permits and licenses in half. if i am president, i will double them. i will also gets the oil from offshore and alaska. i will bring that pipeline in from canada. by the way, i like coal. i want to make sure we can continue to burn clean coal. people in the coal industry think it's getting crushed by your policies. i wanted to get america and north america energy independent to create jobs. finally with regards to the tax cut. look, i am not looking to cut massive taxes and reduce the revenues going to the government. my number 1 principle is no tax cut that adds to the deficit. no tax cut that adds to the deficit. but i want to reduce the burden being paid by middle
the third area, energy. energy is critical. and the president pointed out correctly that production of oil and gases in the u.s. is up. but not due to his policies. in spite of his policies. mr. president, all of the inies in -- the increase in natural gas and oil is on private land, not government land. on government land, your administration has cut the number of permits and licenses in half. if i am president, i will double them. i will also gets the oil from offshore and alaska. i will...
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us bank ♪ melissa: so, on to energy. you know it will be one of the big top picks in tonight's debate. which candid and the upper hand? let's break down their plans. executive vice president of the consumer energy alliance. what do you expect to hear from the president on energy? >> well, i think the talking points that we will hear from the president on that he has and all of the above energy plan and will certainly highlight the fact of we have been producing more oil than we have the last 15 years and that natural gas production is up quite a bit and that he wants to get us off well enough of coal. melissa: it is sort of disingenuous in my mind for him to take credit. when i hear him talking about the drilling, that is all on private land, not federal. natural gas, that is a function of technological breakthrough. will he be it will take credit for those things? >> he will certainly try. you know. we would point out that the oil production and natural gas production on federal land has gone down dramatically over the
us bank ♪ melissa: so, on to energy. you know it will be one of the big top picks in tonight's debate. which candid and the upper hand? let's break down their plans. executive vice president of the consumer energy alliance. what do you expect to hear from the president on energy? >> well, i think the talking points that we will hear from the president on that he has and all of the above energy plan and will certainly highlight the fact of we have been producing more oil than we have the...
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Oct 3, 2012
10/12
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there is a lot of specificity on proposals on energy, the keystone pipeline issue and regulation and make sure we stop the huge growth of regulations and entitlements. he has been very specific. i think his tax program is pro growth. there is a lot of specificity and people look at it. it is the kind of thing the economy needs right now and that is what basic economics tells me. >> bernanke has sited your work as a big influence on current monetary policy yet mr. romney has said ben bernanke should be fired. are you advising that ben bernanke should get fired? >> i don't get into personnel issues. i would say on quoting different rules i think quantitative easing has not been helpful. i think we had good monetary policy in the '80s and '90s until recently. that is what we want to do. that is what the romney program is all about. >> john, i'm curious. there is a lot of talk about the evans rule and it is not quite the same as the taylor rule but it seems to go a way towards some of the things you have talked about in the past predominantly this idea of having more of a check on possib
there is a lot of specificity on proposals on energy, the keystone pipeline issue and regulation and make sure we stop the huge growth of regulations and entitlements. he has been very specific. i think his tax program is pro growth. there is a lot of specificity and people look at it. it is the kind of thing the economy needs right now and that is what basic economics tells me. >> bernanke has sited your work as a big influence on current monetary policy yet mr. romney has said ben...
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Oct 6, 2012
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energy. we need to use the savings from ending the wars in iraq and afghanistan to help pay down our deficit and put people back to work doing some nation building right here at home. that's the agenda we need. that's how you strengthen the middle class. that's how you keep moving forward. that's the choice in this election. and that's why i'm running for a second term. that's what we need. now, my opponent has been trying to do a two-step and reposition and got -- got an extreme makeover. [applause] but the bottom line is his underlying philosophy is the top-down economics that we've seen before. he thinks that if we just spend another $5 trillion on tax cuts that yes, skewed toward the wealthiest, if we get rid of more regulations on wall street, then our problems will be solved. jobs and prosperity will rain down from the sky. the deficits will magically disappear. we will live happily ever after. [laughter] even though he's been proposing this plan for months now, he's had a little troubl
energy. we need to use the savings from ending the wars in iraq and afghanistan to help pay down our deficit and put people back to work doing some nation building right here at home. that's the agenda we need. that's how you strengthen the middle class. that's how you keep moving forward. that's the choice in this election. and that's why i'm running for a second term. that's what we need. now, my opponent has been trying to do a two-step and reposition and got -- got an extreme makeover....